South African mogul Neal Froneman-led Sibanye to spend $616 million on Finland lithium project
Froneman holds a 0.074-percent stake in Sibanye-Stillwater.
Southern Africa
South African billionaire Nicky Oppenheimer now richer than Fox News’ Rupert Murdoch
Oppenheimer derives his fortune from private equity investments.
South African exec Gus Attridge loses $10 million in 13 days from stake in Aspen Pharmacare
Attridge owns a 4.26-percent stake in the company.
South African tycoon Stephen Brookes’ Balwin Properties returns $14.6 million to shareholders
Brookes has seen the market value of his stake rise by $5.3 million in the past 26 days.
One of Malawi’s richest men, Hitesh Anadkat gains $9 million from stake in FMB Capital
Anadkat owns 35.51 percent of the Port Louis-based firm.
South African billionaire Koos Bekker gains $175 million in one month
Bekker owns a 0.86-percent stake in Amsterdam-based investment group, Prosus NV.
Swazi billionaire Natie Kirsh’s net worth gains $740 million in 41 days
Kirsh’s year-to-date wealth loss is $379 million.
South African billionaire Johann Rupert sees net worth rise by $1.76 billion in November
Rupert’s equity stake in Richemont accounts for the majority of his $10.3-billion fortune.
South African businesswoman Noluthando Gosa’s stake in ArcelorMittal now worth $18.5 million
Gosa owns a 6.15-percent stake in ArcelorMittal South Africa.
South African billionaire Christo Wiese-linked Pepkor posts $353 million in profit in 2022
In 2014, Wiese sold Pepkor to Steinhoff International in exchange for 20 percent of Steinhoff’s issued shares.
South African-born billionaire Patrick Soon-Shiong’s net worth gains $370 million in 51 days
The recent increase reduced his year-to-date wealth loss to $875 million.
South African billionaire Patrice Motsepe gains $270 million in 53 days from stake in ARM
Motsepe, who founded ARM in 1997 as South Africa’s first Black-owned mining company, owns 39.7 percent of the company.
South African mogul Neal Froneman gains $4.7 million in 56 days from Sibanye-Stillwater
Froneman owns a 0.074-percent stake in the leading precious metal mining group.
South African billionaire Nicky Oppenheimer’s net worth increases by $225 million in 2022
The majority of Oppenheimer’s billion-dollar fortune stems from his private equity investments.
Ex-MTN CEO Mteto Nyati acquires 40-percent stake in South African firm, BSG
Nyati is an inspiring leader with a proven track record of executing growth and turnaround strategies.
South African multimillionaire Gus Attridge’s stake in Aspen now worth $171 million
Aspen Pharmacare is a multinational pharmaceutical holding company.